Shortsighted Tax Policy: Senate and House Tax Reform Bills Would Increase Burdens on Universities and Students

Autor/in	Morris, Matthew A.
Titel	Shortsighted Tax Policy: Senate and House Tax Reform Bills Would Increase Burdens on Universities and Students
Quelle	In: New England Journal of Higher Education, (2017) PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	1938-5978
Schlagwörter	Taxes; Public Policy; Federal Legislation; Finance Reform; Educational Finance; Higher Education; Universities; Private Colleges; Endowment Funds; Tuition; Tax Credits; Student Financial Aid + Suchen Sie Ihr Suchwort? Abgabe; Öffentliche Ordnung; Bundesrecht; Financial reform; Finanzreform; Bildungsfonds; Hochschulbildung; Hochschulsystem; Hochschulwesen; University; Universität; Privathochschule; Stiftungsvermögen; Unterweisung; Unterricht; Steuerermäßigung; Finanzielle Beihilfe; Studienfinanzierung; Studienförderung
Abstract	If there is one area of common ground between the Republican leadership in the U.S. Senate and House of Representatives, it is that the time has finally come for those entities that are not currently paying their fair share of taxes to step forward and be held accountable. Both the Senate and House tax reform bills propose that these entities--which have traditionally been afforded favorable tax treatment under the Internal Revenue Code--should no longer be entitled to shield their revenues from U.S. income tax. What are these taxpayer-subsidized entities that the Senate and House both agree should be subject to new tax burdens? Many readers will be surprised to hear that the answer to this question is private, non-profit U.S. colleges and universities rather than multinational, for-profit corporations. The following is a summary of the common threads and points of departure for the portions of the Senate and House tax reform bills relating to college and university endowments and tuition assistance programs. (ERIC).
Anmerkungen	New England Board of Higher Education. 45 Temple Place, Boston, MA 02111. Tel: 617-357-9620; Fax: 617-338-1577; e-mail: info@nebhe.org; Web site: http://www.nebhe.org
Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2020/1/01